Org.nr 995 626 888 2019 → 2020 Year-over-year analysis

AGNES INVEST AS: årsregnskap 2020 vs 2019

Shrank 36% on revenue, cash halved-plus

approved 2021-06-30; registry 2021-08-16; journal 2021 635650

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGNES INVEST AS. Revenue 4.35m NOK → 2.80m NOK (-35.7%). Net result +1.14m NOK → +1.07m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNES INVEST AS.

At a glance

Revenue

4.35m NOK 2.80m NOK

-35.7%

Operating result

+745.5k NOK +262.4k NOK

-64.8%

Net result

+1.14m NOK +1.07m NOK

-5.9%

Equity

n/m 7.06m NOK

—

Cash

761.4k NOK 244.9k NOK

-67.8%

Total assets

16.41m NOK 25.11m NOK

+53.0%

↓
Revenue fell

Operating income / revenue moved from 4.35m NOK to 2.80m NOK (-35.7% YoY). Calculated
↓
Operating result weakened

Operating result +745.5k NOK → +262.4k NOK (op. margin 17.1% → 9.4%). Calculated
↓
Net result weakened

Net result +1.14m NOK → +1.07m NOK (net margin 26.2% → 38.4%). Calculated
↓
Cash fell

Bank deposits 761.4k NOK → 244.9k NOK (-67.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 19.20× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 7.50m NOK → 7.85m NOK. Reported fact